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HomeMy WebLinkAbout2008-01-07 Work Session MinutesDeschutes County Board of Commissioners 1300 NW Wall St., Suite 200, Bend, OR 97701 -1960 (541) 388 -6570 - Fax (541) 385 -3202 - www.deschutes.org MINUTES OF WORK SESSION DESCHUTES COUNTY BOARD OF COMMISSIONERS MONDAY, JANUARY 7, 2008 Present were Commissioners Dennis R. Luke, Michael M Daly and Tammy Baney. Also present were County Administrator Dave Kanner, Deputy County Administrator; David Inbody, Assistant to the County Administrator; and two representatives of the City of Bend, John Russell and Sue Palmeri. Chair Luke opened the meeting at 1:30 p.m. 1. Continued Discussion of Proposed Urban Renewal District at Bend Airport. John Russell stated that he had already sent out an overview and a scope of work; and Scot Langton also put together some information. Mr. Russell said that the City Council has had a brief discussion about this issue, and they know this is being brought before the Board. Bend Airport is one of the biggest economic generators in the area. This would not produce a lot of money since the land is all leased; but there would be taxes on the buildings. This will still not help the City operationally but would help with infrastructure improvements. Commissioner Daly asked about the fire district; no contributions would be made to the fire district in this case. Mr. Russell said that there is no easy answer. They could build a fire station if enough funds are available. All building would all be fire sprinklered. This funding cannot help with operations. It works for long -term but for not short -term investment. Commissioner Luke said the Sheriff would also be impacted, as that is a patrol area. Mr. Kanner stated that by law input from the districts has to be solicited. Minutes of Administrative Work Session Monday, January 7, 2008 Page 1 of 4 Pages Mr Kanner asked that a spreadsheet be prepared that shows the impact to the districts over time. Mr. Russell stated that this needs to be adopted by August, but they should be able to provide this, loosely based on assumptions. He added that it would probably make sense to go a little bit beyond the airport boundaries. Commissioner Luke cautioned that doing this might look like there is a preconceived notion about those properties. Mr. Russell stated that they may have some idea of what Cessna and Epic might do, and can figure out where more hangars might be located The rest would be more of a guess. 2. Consideration of Economic Development Grant Requests. None have been submitted. 3. Discussion of Policy No. F -12, Investment Policy Guidelines. Dave Kanner gave an overview of the policy. The policy has added corporate indebtedness guidelines. Other limitations are contained within State law. BANEY: Move adoption of the Policy. DALY: Second. VOTE: DALY: Yes. BANEY: Yes. LUKE: Chair votes yes. 4. Update on Cable TV Franchising. Dave Kanner explained that the cable providers will not sign first. He said that the federal government severely restricts what local government entities can do. What they tried to control — not limiting the number of providers — went the opposite way — there are only about seven providers now in the U.S. Most of the language is taken out of federal law; Section 5 talks about non - franchised competitors. The franchise would be for ten years. To renew, a written request is required between 30 and 36 months from termination date. Minutes of Administrative Work Session Monday, January 7, 2008 Page 2 of 4 Pages The County needs to adopt an Ordinance indicating that anyone new who wants to provide cable service in the County will have to obtain a franchise. The local providers, Chambers, Bend Cable and Crestview, do not want unfranchised competition. Free cable service will be provided in County buildings. The franchise could generate about $350,000 a year, which could be used to cover the cost of broadcasting meetings; the rest could be used in part to pay for public information costs. Section 26 addresses a requirement to broadcast Board meetings live. Fixed position cameras could be installed, but someone would have to come in to do the camera work. There will have to be changes to make the room more broadcast - friendly. He would also like to raise the dais so the Board is more visible to the public. Commissioner Luke disagreed; he likes being on the same level and not looking down at people. The amount will vary month to month, based on gross receipts, depending on the providers' revenue each month. The fee can only be on cable service, not on internet or data lines. About 9,000 people subscribe to cable service outside of the city limits at this time. This item will come back to the Board for formal approval on either January 23 or January 30. 5. Update of Commissioners' Meetings and Schedules. Commissioner Baney will be going to the NACo conference in March. Commissioner Daly will go to the NACo public safety committee retreat later this month, but does not plan to attend the NACo conference in March. 6. Other Items. David Inbody reviewed the proposed employee survey and has made some changes based on the Board's discussions. Questions are being developed in this regard. Minutes of Administrative Work Session Monday, January 7, 2008 Page 3 of 4 Pages He said the questions primarily relate to job satisfaction, including what attracted the person to work for the County; personal satisfaction; what does Deschutes County value in its employees; leadership questions; expectations of work; teamwork and customer service; education and training; communication; and collecting employee information. Commissioner Baney asked if there is a way to get suggestions to make the County better; and she asked if they will know what is meant by Deschutes County leadership. Being no further items addressed, the meeting adjourned at 2:45 p.m. DATED this 7th Day of January 2008 for the Deschutes County Board of Commissioners. ATTEST: rgo—k&c_ Recording Secretary nnis R. Luke, Chair Tammy Baney, Vice Chair Michael M. Daly, C$nmissioner Minutes of Administrative Work Session Monday, January 7, 2008 Page 4 of 4 Pages s w Deschutes County Board of Commissioners 1300 NW Wall St., Suite 200, Bend, OR 97701 -1960 (541) 388 -6570 - Fax (541) 385 -3202 - www.deschutes.org WORK SESSION AGENDA DESCHUTES COUNTY BOARD OF COMMISSIONERS 1:30 P.M., MONDAY, JANUARY 7, 2008 1. Continued Discussion of Proposed Urban Renewal District at Bend Airport 2. Consideration of Economic Development Grant Requests 3. Discussion of Policy No. F -12, Investment Policy Guidelines 4. Update on Cable TV Franchising 5. Update of Commissioners' Meetings and Schedules 6. Other Items PLEASE NOTE: At any time during this meeting, an executive session could be called to address issues relating to ORS 192.660(2) (e), real property negotiations; ORS 192.660(2) (h), pending or threatened litigation; or ORS 192.660(2) (b), personnel issues Meeting dates, times and discussion items are subject to change. All meetings are conducted in the Board of Commissioners' meeting rooms at 1300 NW Wall St, Bend, unless otherwise indicated. If you have questions regarding a meeting, please call 388 -6572. Deschutes County meeting locations are wheelchair accessible. Deschutes County provides reasonable accommodations for persons with disabilities. For deaf, hearing impaired or speech disabled, dial 7 -1 -1 to access the state transfer relay service for TTY. Please call (541) 388 -6571 regarding alternative formats or for further information. a -( Effective Date: January 7, 2008 Deschutes County Administrative Finance Policy No. F -12 INVESTMENT POLICY GUIDELINES STATEMENT OF POLICY All Deschutes County investments must be made in accordance with State Law and in accordance with the Deschutes County Investment Policy. Investment policies must be approved by the State of Oregon Short-Term Fund Board. This policy was designed after the model investment policy recommended by the Oregon Short-Term Fund Board and incorporates State Law requirements and restrictions, and was approved by the Oregon Short-Term Fund Board. APPLICABILITY This policy applies to all Deschutes County investments. POLICY AND PROCEDURE The Deschutes County Treasurer is the portfolio manager. It is the policy of Deschutes County to invest public funds in a manner which will provide the maximum security while providing liquidity to meet the daily cash flow demands and receive the highest investment return while conforming to all State Statutes governing the investment of public funds and this Investment Policy. SCOPE: This investment policy applies to activities of Deschutes County with regard to investing the financial assets of all funds for which investment authorization has been given, including but not limited to the following funds: A. General Fund B. Special Revenue Funds C. Capital Project Funds D. Enterprise Funds E. Debt Service Funds F. Internal Service funds G. Unsegregated Tax Account H. County Service District Funds I. Trust and Agency Funds Funds held and invested by trustee or fiscal agents are excluded from these rules; however such funds are subject to the regulations established by the State of Oregon. Funds of Deschutes County will be invested in compliance with ORS 294 and other applicable statutes. Investments will be in accordance with this policy and any written administrative procedures. Investment of any tax - exempt borrowing proceeds and any debt service funds will comply with the "arbitrage" restrictions of Section 148 of the Internal Revenue Code of 1986. Cash will be co- mingled for investment opportunities. Other than bond proceeds or other unusual situations, the total of all funds ranges from $80,000,000 to $150,000,000 over the fiscal year. Policy #F -12, Investment Policy Guidelines Page 1 of 7 Funds of other agencies, jurisdictions, district or entities for which the County Treasurer serves as custodian will not be invested without written authorization from their governing body, and the Deschutes Board of County Commissioners. OBJECTIVES: Deschutes County's Investment Objectives are: Preservation of capital and the protection of investment principal. Conformance with Federal, State and other legal requirements. Maintenance of sufficient liquidity to meet operating requirements. Diversification to avoid incurring unreasonable risks regarding specific security type or individual financial institutions. Attainment of a market rate of return throughout budgetary and economic cycles. DELEGATION OF AUTHORITY: The County Treasurer is designated as the Investment Officer for Deschutes County and is responsible for investment decisions and activities. The investment officer shall be responsible for all transactions undertaken and shall establish a system of controls to regulate the activities of subordinate officials. The administration of the cash management program is handled by the County Treasurer who is responsible to manage the day -to -day operations of the County's investment portfolio, place purchase orders and sell orders with dealers and financial institutions and prepare reports as required. INVESTMENT LIMITATIONS: Specific investment types shall not exceed the percentage of the total investment portfolio indicated below. All securities are also included on the list of "U.S. Government Agency Securities for Local Government Investments under ORS 294.035 and 294.040." This list is maintained by the Office of the Oregon State Treasurer. Securities issued by a single financial institution (Banker's Acceptance and Certificates of Deposit) will be limited to 30% of the total portfolio. SUITABLE AND AUTHORIZED INVESTMENTS The following investments will be permitted by this policy, ORS 294.035 and 294.810: • U.S. Treasury Obligation (bills, notes and bonds) • U.S. Government Agency Securities and Instruments of Government Sponsored Enterprises • Banker's Acceptances (BA's) from qualified institutions • State of Oregon Investment Pool Policy #F -12, Investment Policy Guidelines Page 2 of 7 • Certificates of Deposits (CD's) (Subject to ORS 295 collateralization) • Certificate of Deposit Account Registry Services (CDARS) • Repurchase Agreements • State and Local Government Securities • Corporate Indebtedness PORTFOLIO DIVERSIFICATION Diversification will be sought within the following guidelines with the purpose of reduction of overall portfolio risk. The investments shall be diversified by investment type, issuer and maturity: U.S. Treasury US Government Agencies State of Oregon Investment Pool Certificates of Deposit Banker's Acceptances Commercial Paper & Corporate Notes State & Local Government Securities Repurchase Agreements Corporate Indebtedness 100% 75% 50% in any single government sponsored enterprise 100% or the maximum imposed by statute 25% of total portfolio 30% in any single qualified financial institution 25% of total portfolio 30% in any single qualified financial institution 20% of total portfolio 5% in any one corporation, subsidiaries or affiliates 25% of total portfolio 25% of total portfolio 10% in any single qualified financial institution 10% of total portfolio Maximum 18 month maturity COMPETITIVE SELECTION OF BIDS OR OFFERS: Before the investment officer invests funds, competitive offers or bids will be sought from at least two institutions, or a decision to invest will be based on data received from at least two institutions. The most favorable offer or bid will be awarded the transaction. Policy #F -12, Investment Policy Guidelines Page 3 of 7 MATURITY SCHEDULING: To the extent possible, the County will attempt to match its investments with anticipated cash flow requirements. No investment security shall have a maturity of more than 18 months, with the exception that a maximum of 20% of the total portfolio may include investments beyond 18 months, but not more than 24 months. The investment portfolio operates on a policy of buying securities and holding them until their specified maturity date, but during certain market conditions when it becomes advantageous, the Portfolio Manager may sell securities prior to their maturity date. SAFEKEEPING AND COLLATERALIZATION: Investment securities purchased by the Portfolio Manager will be in safekeeping with the Bank's Investment Division Safekeeping Department. If it is felt necessary to safe keep with a third party, the Trust Department of the bank will be considered to be a third party for the purpose of safekeeping of securities purchased from that bank. Another permissible option would be to use a third party bank to provide safekeeping for all purchased securities. The purchase and sale of all securities will be on a payment versus delivery basis. The custodian shall issue a safekeeping receipt to the Treasurer listing the specific instrument, rate, maturity and other pertinent information. All other repurchase agreements shall require safekeeping and a master repurchase agreement. Deposit -type securities (i.e. certificates of deposit) shall be collateralized through the Collateral Pool Manager as required by ORS 295.015 for any amount exceeding FDIC coverage. Other investments will be held by the custodian as evidenced by safekeeping receipts. QUALIFIED INSTITUTIONS: The investment officer shall maintain a list of all authorized broker /dealers and financial institutions which are approved for investment purposes or investment dealings. Any firm is eligible to make an application to Deschutes County and upon due consideration and approval will be added to the list. Additions or deletions to the list will be made at the Portfolio Manager's discretion. At the request of Deschutes County, the firms performing investment services shall provide their most recent financial statements or Consolidated Report of Condition (call report) for review. Further, there should be in place, proof as to all the necessary credentials and licenses held by employees of the broker /dealers who will have contact with Deschutes County as specified by but not necessarily limited to the National Association of Securities Dealers (NASD), Securities and Exchange Commission (SEC), etc. Deschutes County shall conduct an annual evaluation of each firm's credit worthiness to determine if it should remain on the list. Securities broker /dealers not affiliated with a bank shall be required to have an office located in Oregon and/or be classified as reporting dealers affiliated with the Federal Reserve as primary dealers. PRUDENCE: The standard of prudence to be used by the County Treasurer in the context of managing the overall portfolio shall be the prudent investor rule, which states, "Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion and intelligence exercises in the management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the probable income to be derived." Policy #F -12, Investment Policy Guidelines Page 4 of 7 INDEMNITY CLAUSE: The County shall defend and indemnify the County Treasurer and staff from personal liability for losses that might occur pursuant to administering this investment policy as long as the County Treasurer and staff exercise prudence in accordance with this policy, and act within the boundaries of this Policy. ETHICS & CONFLICTS OF INTEREST: Officers and employees involved in the investment process shall refrain from personal business activity that could conflict with the proper execution and management of the investment program, or that could impair their ability to make impartial decisions. Employees and investment officials shall disclose any material interests in financial institutions with which they conduct business. They shall further disclose any personal financial /investment positions that could be related to the performance of the investment portfolio. Employees, officers and their families shall refrain from undertaking personal investment transactions with the same individual with whom business is conducted on behalf of the County. Officers and employees shall, at all times, comply with the State of Oregon Government Standards and Practices code of ethics set forth in ORS 244. PERFORMANCE EVALUATION: The performance of the County's portfolio shall be measured against the performance of the Oregon Local Government Investment pool, and the three -month and twelve -month Treasury Bills. ACCOUNTING METHOD: Deschutes County shall comply with all required legal provisions and Generally Accepted Accounting Principles (GAAP). The accounting principles are those contained in the pronouncements of authoritative bodies including but not necessarily limited to, the American Institute of Certified Public Accountants (AICPA); the Financial Accounting Standards Board (FASB); and the Government Accounting Standards Board (GASB). An investment fee of 5% of the total interest earned on all invested funds will be deducted and credited to the County Finance Internal Service Fund each month. After deducting the investment fee, interest earnings will be credited on a last day of each month to the funds from which the investment was made based on the average daily balance in the fund. INTERNAL CONTROLS The investment officer is responsible for establishing and maintaining an adequate internal structure designed to reasonably protect the assets of the County from loss, theft or misuse. The concept of reasonable assurance recognizes that (1) the cost of a control should not exceed the benefits likely to be derived and (2) the valuation of costs and benefits requires estimates and judgments by management. Accordingly, the investment officer shall establish a process for an annual independent review by an external auditor to assure compliance with policies and procedures. The internal controls shall address the following points: - Control of collusion. Policy #F -12, Investment Policy Guidelines Page 5 of 7 - Separation of transaction authority from accounting and record keeping. - Custodial safekeeping - Avoidance of physical delivery of securities whenever possible and address control requirements for physical delivery where necessary. - Clear delegation of authority to subordinate staff members. - Written confirmation of transactions for investments and wire transfers. - Compliance and oversight with investment parameters including diversification and maximum maturities. REPORTING REQUIREMENTS: The Deschutes County Treasurer will provide a monthly report to the County Commissioners and the County Administrator. This report will include but not necessarily be limited to: portfolio activity, individual securities held at the end of the reporting period, average weighted yield to maturity of portfolio on investments as compared to applicable benchmarks, and investments by maturity date. Additionally, in accordance with Generally Accepted Accounting Principles, investments are reported in the County's Comprehensive Annual Financial Report at market value. REVIEW: This policy shall be reviewed and modified, if appropriate, by the Deschutes County Board of Commissioners or if market changes warrant review. Annual readoption by the reviewing authority is required by ORS 294.135a. In addition an Investment Committee consisting of five members will meet and review any changes to this Policy. This committee will consist of one County Commissioner and four additional members with backgrounds such as a Banker, Security Broker, Controller /Chief Financial Officer, or Government Finance Manager. AUTHORIZED FINANCIAL INSTITUTIONS: BANKS Bank of America Bank of the Cascades Columbia River Bank Community First Bank Key Bank Liberty Bank Sterling Savings Bank South Valley Bank & Trust Umpqua Bank Policy #F -12, Investment Policy Guidelines Page 6 of 7 OTHER US Bank Washington Mutual Wells Fargo Oregon Local Government Investment Pool Piper Jaffray RBC Dain Rauscher Seattle- Northwest Securities Corporation UBS Financial Services Approved by the Deschutes County Board of Commissioners January 7, 2008. Dave Kanner County Administrator Policy #F -I2, Investment Policy Guidelines Page 7 of 7 ti Tashman Johnson LLC Coraxrcltants in Policy, Planning & Project Management PROPOSAL FOR URBAN RENEWAL PLANNING SERVICES FOR BEND MUNICIPAL AIRPORT AREA Tashman Johnson LLC Elaine Howard Consulting, LLC Jeannette Launer, Attorney 16 December 2007 Jeffrey Tashman 503.245.7828 • Nina Johnson 503.245.7416 • Fax 503.245.3171 6585 S.W. Parkhill Drive • Portland, Oregon 97239 -2655 PROPOSAL FOR URBAN RENEWAL PLANNING SERVICES.. MURPHY CROSSING I. INTRODUCTION The City of Bend ( "City ") is interested in assisting Deschutes County in establishing an urban renewal district for the area including and adjacent to the Bend Municipal Airport, at the intersection of Butler Market Road and Powell Butte Highway. The purpose of the urban renewal plan would be to fund taxi -way improvements for a newly constructed runway and for airport related infrastructure improvements. The Cessna corporation has indicated it will continue the operations of Columbia Aircraft Manufacturing Corporation, which it has purchased, at the airport and the City anticipates additional airport- related development. This memorandum describes the proposed scope, schedule and budget for this work, as well the team of consultants that would participate in the process. We welcome any questions or comments and would be happy to refine any aspect of the proposal to meet the needs of the City. II. PROPOSED SCOPE OF WORK We propose to undertake the urban renewal planning process as follows: A. Public Involvement Public involvement in all phases of urban renewal planning is required by law, and is clearly going to be important to the success of this project. The planning process should address the background concerns about urban renewal as well as the specific goals, objectives, projects and impacts of a proposed Urban Renewal Plan. The County may wish to provide for public involvement through public workshops, meetings and open houses. We will assist in facilitating this process by advising the County regarding the scope and schedule for the meetings, providing materials, both graphic and narrative, and being available as resource people for answering questions and comments from the public. B. Initial Consultation with Affected Taxing Districts Special districts, including Rural Fire District #2 and the Bend Library District provide public facilities and services that are funded through property taxes that would be affected by tax increment financing of an Urban Renewal Plan. We would provide assistance as requested by the County for meetings with taxing district representatives, likely including preliminary analysis of property tax impacts on the districts and response to specific questions. C. Preparation of Draft Urban Renewal Plan and Report This task entails preparing a full draft urban renewal plan and accompanying report. Work from the initial financial feasibility analysis will be used where appropriate. Drafts of key parts of the urban renewal plan and report will be submitted for staff review, and revised as necessary prior to their being presented to the public as part of task A. Public presentations would be at times to be determined by staff. Tashman Johnson I,L,C 2 16 December 2007 PROPOSAL FOR URBAN RENEWAL PLANNING SERVICES: MURPHY CROSSING The urban renewal plan and report will contain the following elements: 1. Urban Renewal Plan a) A description of each urban renewal project to be undertaken b) An outline of the major project activities planned for the urban renewal area or areas. (A "project" may be a site specific undertaking, a series of related undertakings or a program of activities.) c) A map and legal description of the urban renewal area. d) An explanation of how the plan relates to local objectives, such as relevant objectives of the comprehensive plan, target area plans and other public policy statements. e) An indication of proposed land uses (which must conform to the comprehensive plan and zoning code). f) A description of relocation methods for residents or businesses that must move because of Agency projects g) If public acquisition of property is required by the plan, a description of property to be acquired by the Agency (if any) and how it will be disposed of (e.g. sale or lease), along with a schedule for acquisition and disposition. h) A limit on the maximum amount of indebtedness to be issued to carry out the plan. i) A description of what types of changes to the plan are to be considered substantial amendments. Substantial amendments must be adopted using the same process as the adoption of the original plan. The following amendments must be considered substantial: (1) expanding the urban renewal area by more than one percent; and (2) increasing the maximum amount of indebtedness that may be issued. j) If the plan calls for the development of a public building (e.g. a fire station), an explanation of how the building serves or benefits the urban renewal area. 2. Urban Renewal Report a) A description of the physical, social and economic conditions within the urban renewal area and the impact of the plan, including fiscal impacts, in terms of increased population and the need for additional public services. b) The reasons why the urban renewal area (or areas) was selected. Tashman Johnson LLC 3 16 December 2007 PROPOSAL FOR URBAN RENEWAL PLANNING SERVICES: MURPHY CROSSING c) The relationship between each urban renewal project and the conditions within the area. d) The estimated costs of the projects and the sources of project funding. e) The completion date for each project. f) The amount of tax increment funds that are estimated to be required and the year in which the Agency plans to pay off all outstanding tax increment indebtedness. g) A financial analysis that shows the plan to be financially feasible. h) An analysis of the impact on the tax rates and /or revenues of the taxing districts that overlap the urban renewal area; and 1) A relocation report which includes j) An analysis of businesses or residents that may be required to relo- cate k) A description of the methods to be used in the relocation program; and 1) An analysis (number and cost range) of the existing housing units that may be destroyed or altered and the housing units that may be added. D. Urban Renewal Plan Approval This task consists of the process of public consideration of the Plan. The Report is not formally approved but is used as a basis for the findings in the approving ordinance. 1. Planning Commission Review The Plan and Report must be presented to the Planning Commission for its recommendation before the Plan may be presented to the Board of County Commissioners for its approval. We will provide the body of a staff report to the Planning Commission, provide special display materials needed and attend and assist with the meeting, if so requested by the County. 2. Consultation with Affected Taxing Districts Consultation with affected taxing districts will occur throughout the preparation of the Plan and Report. The consultant will provide special materials needed and attend meetings as necessary for the ongoing consultation with taxing districts. During the adoption process, the proposed Plan and Report will be sent to the governing body of any taxing district that levies taxes within the urban renewal area ( "affected" or "overlapping" taxing districts.) Any written recommendations of these taxing districts must be accepted, rejected or modified by the Board of County Commissioners in adopting the Plan and the consultant will assist with modifications to the adopting ordinance as necessary. Tashman Johnson L[.0 4 16 December 2007 PROPOSAL FOR URBAN RENEWAL PLANNING SERVICES: MURPHY CROSSING 3. Designation of Governing Body of Deschutes County Urban Renewal Agency and Recommendation by Urban Renewal Agency of Approval of Plan and Plan Amendments Deschutes County does not currently administer urban renewal plans, and an urban renewal agency has not been "activated" in the County. We will assist in preparing an ordinance for adoption by the Board of County Commissioners that declares that blighted areas exist in the County and designates the governing body of the Agency. (Typically the Board would designate itself as the Agency governing body.) Subsequently, the Urban Renewal Agency will be asked to recommend approval by the Board of County Commissioners of the Plan. 4. Notice Requirements ( "Super Notice ") Direct notice of the public hearings on the ordinance adopting the Plan must be sent to each individual or household within the school district containing the urban renewal area. We will provide the text of the required notice. 5. Public Hearing At the public hearing on the ordinances, the Board of County Commissioners would hear the report and recommendations of the Urban Renewal Agency, take public testimony and consider the recommendations of the Planning Commission and of affected taxing districts, if any. Any written recommendations of the affected taxing districts must be formally accepted, rejected. The consultants will attend and assist with the presentation of the Plan to the Board of County Commissioners. At this point or earlier, Council may direct that revisions be made to the Urban Renewal Plan and /or Report. The consultants will make such revisions as a part of Task C. Normally, recommendations of the Planning Commission are conveyed to Council but changes to the proposed Plan and accompanying report in response to these recommendations are not made unless directed by Council. 6. Ordinance Requirements The approving ordinance must be non - emergency and must incorporate the Plan (not the report) by reference. During the period between the adoption of the ordinance and its effective date, the ordinance can be referred to voters for their approval. The ordinance must contain findings, supported by the Report and other information, that: • Each urban renewal area is blighted; • The rehabilitation and redevelopment of the area(s) is necessary to protect the public health, safety or welfare. Tashman Johnson LLC 5 16 December 2007 PROPOSAL FOR URBAN RENEWAL PLANNING SERVICES: MURPHY CROSSING • The plan conforms to the comprehensive plan and economic development plan, if any, of the municipality and that the plan provides an outline of planned urban renewal projects. • That relocation requirements have been met. • That any property acquisition called for in the plan is necessary to achieve the objectives of the plan. • That the plan is economically sound and feasible. • That the city or county will assume any responsibilities given to it under the plan. III. PROPOSED SCHEDULE AND BUDGET A proposed schedule for the scope of work described in Section II. is shown below. It calls for a 8 month effort. Urban Renewal Plan and Report Preparation December, 2007 — June, 2008 Urban Renewal Plan Approval July — August, 2008 The work will be done on a time and materials basis, with a proposed not -to- exceed budget of $26,800.00 as shown in the table below: Task Hours Cost Tashman Howard Launer A: Public Involvement 12 24 $ 4,800.00 B. Initial Consultation with Affected Taxing Districts 8 12 $ 2,700.00 C. Preparation of Urban Renewal Plan and Report 30 30 12 $10,650.00 D. Urban Renewal Plan Approval 20 10 12 $ 6,650.00 Expenses (Travel mileage, air fare, hotel, food, car rental) $ 2,000.00 Hourly Billing Rates $26,800.00 Tashman $150.00 Howard $125.00 Launer $ 200.00 The County would be expected to contribute use of its GIS capabilities, take responsibility for scheduling and publicizing of meetings and prepare a legal description of the urban renewal area. IV. CONSULTANT TEAM The consultant team will consist of Jeff Tashman, Tashman Johnson LLC as project manager and principal urban renewal planner, Elaine Howard, Elaine Howard Consulting, LLC as assisting urban renewal planner and Jeannette Launer as legal and process advisor. Tashman Johnson LLC 6 16 December 2007 PROPOSAL FOR URBAN RENEWAL PLANNING SERVICES: MURPHY CROSSING A. Jeff Tashman Jeff Tashman is principal of Tashman Johnson LLC and he has worked as the City's urban renewal consultant since the early nineties, when he prepared a thorough revision to the Central Bend Urban Renewal Plan. He assisted the City in implementing the Measure 50 option choice and establishing its maximum indebtedness. He has prepared feasibility studies for Agency bond issues. Recently, Jeff prepared the Juniper Ridge Urban Renewal Plan, and participated in an initial feasibility study of financing infrastructure needs for Murphy Crossing. More information on Jeff will be provided upon request. B. Elaine Howard Elaine Howard is a seasoned urban renewal professional who has been working in association with Jeff on a variety of projects, including an urban renewal plan and report for both the City of Albany and the City of Salem, an incorporation study for White City (Jackson County), an economic impact analysis of a large mixed use development for the City of Spokane, a request for development proposals for the City of Troutdale, and a variety of urban renewal plan amendments for the Portland Development Commission. Elaine's role has been to provide the research, coordinate with the consultant team and draft the reports. She has been responsible for coordinating information and timelines with staff from the various cities. Prior to restarting her consulting firm, Elaine was in the real estate development business. She has completed a number of projects including seven residential subdivisions where she was the land developer. Her firm also has done single- family developments, including the acquisition, rehabilitation and sale of properties, and the development of new single - family housing. Elaine started her career in public /private partnerships while working for the Portland Development Commission. While there, Elaine managed the second phase of development for the acclaimed RiverPlace development in the South Waterfront Urban Renewal Area. This project consisted of extending the Esplanade along the riverfront, relocating an electrical substation, and the development of housing and retail space in the area. She also co- managed the development of middle income housing in the South Park Blocks Urban Renewal Area. Elaine coordinated a home ownership program which consisted of purchasing vacant and abandoned houses, rehabilitating them and selling them to low income citizens, and managed the federal Urban Homestead Program, another homeownership program. Along with the development of over 800 middle income housing units in downtown Portland, Elaine managed a number of infrastructure projects including streetscape improvements in both the St. Johns neighborhood in North Portland and the Thurmond Vaughn neighborhood in Northwest Portland. These projects involved coordinating with a variety of stakeholders, including neighborhood associations, private individuals, developers, and other government entities. After leaving the Development Commission, Elaine provided consulting services to them for a number of years. Tashman Johnson LLC 7 16 December 2007 PROPOSAL FOR URBAN RENEWAL PLANNING SERVICES: MURPHY CROSSING C. Jeannette Launer, Attorney Jeannette and Jeff have over twenty years of experience working together, starting with the Oregon Legislature while Jeff was working in Tualatin and in a wide variety of urban renewal projects since 1991. Jeannette began her career in urban renewal as chief legal officer for the Portland Development Commission (1985 -1994) where she worked directly with national and regional developers to develop and finance projects through public- private partnerships. Major projects included: Pioneer Place retail center; RiverPlace mixed -use residential community; Fountain Plaza (KOIN Tower) mixed use office, retail, residential; and the Oregon Arena. Jeannette supervised Jeff's work on substantial amendments to the five then - existing urban renewal plans to comply with requirements of Measure 50. In her subsequent practice as Of Counsel to Schwabe Williamson & Wyatt (1994 -1996) and Stoel Rives (1996 -1998) and in her current position as sole practioner, Jeannette has continued to serve clients on urban renewal issues. She served as the attorney /consultant to the Association of Oregon Redevelopment Agencies (AORA) for whom she assisted in drafting the urban renewal provisions of a constitutional amendment limiting property taxes, Measure 50, and its implementing statutes that revised the state property tax system in 1997. With Tashman, she lobbied successfully to preserve the funding of existing urban renewal districts and has continued lobbying efforts in subsequent sessions to preserve and enhance tax increment financing and public redevelopment opportunities. In other work, Jeannette has helped to establish urban renewal districts and redevelopment agencies for various jurisdictions in Oregon. She works with jurisdictions to enhance their redevelopment opportunities by amending their urban renewal strategies and existing implementation in urban renewal plans. Tashman Johnson LLC 8 16 December 2007